MEL 14.3% 0.4¢ metgasco ltd

corella, page-3

  1. 196 Posts.
    corella p18 is a production test well and will take time to drill and dewater before flow rates are achieved. It is a different beast to kingfisher which was an exploration well. Good gas flow rates from the coal seams will be a huge share price driver for metgasco as this has long been seen as their weakness. Earliest news of flow rates would be January Im guessing. Meanwhile testing is continuing on kingfisher and expect a significant upgrade of reserves early in the new year. DONT SELL!
 
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